The CEO of Iran Air said ATR aircraft manufacturer has requested permission from the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury for the delivery of the turboprops Iran has purchased. Farzaneh Sharafbafi told Tasnim on Saturday that the delivery of the remaining ATR turboprops to Iran requires a permission […]
Archive | Security
Tags: air fleet, ATR, Brazil, featured, Iran Air, Office of Foreign Assets Control (OFAC), sanctions, United States
Attempts to Hack Diplomatic Entities in Iran
By John Lee. Russian cybersecurity firm Kaspersky Lab has said it has found evidence of attempts to compromise the information systems of foreign diplomatic entities in Iran: “Throughout the autumn of 2018 we analyzed a long-standing (and still active at that time) cyber-espionage campaign that was primarily targeting foreign diplomatic entities based in Iran. “The […]
Iran Falls in Transparency Ranking
By John Lee. Transparency International has said that Iran’s ranking has fallen eight places in its global Corruption Perceptions Index (CPI). From a total of 180 countries, Iran came in at number 138; last year’s position was 130 out of 180 countries. This result puts it on equal ranking with Lebanon and Russia, ahead of […]
2018 - Iran’s “Year of Shame”: Amnesty International
Iran’s ‘year of shame’: More than 7,000 arrested in chilling crackdown on dissent during 2018 The Iranian authorities carried out a shameless campaign of repression during 2018, crushing protests and arresting thousands in a wide-scale crackdown on dissent, said Amnesty International, a year after a wave of protests against poverty, corruption and authoritarianism erupted across […]
Iraq “must not be Reliant on Iran”
By John Lee. The UK’s foreign office minister for the Middle East has reportedly said that Iraq must wean itself off economic reliance on Iran and become more energy self-sufficient. On a visit to Iraq on Sunday, Alistair Burt (pictured) told Reuters: “To expect Iran to have no influence in Iraq is fanciful … What […]
What Iran’s Revolution meant for Iraq
By Bruce Riedel, Brookings Institution. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. What Iran’s Revolution meant for Iraq The collapse of the shah’s government in Iran in early 1979 impacted the entire world but no country was more affected than Iraq. Saddam Hussein’s regime […]
Iranian Amb to UK summoned over Zaghari-Ratcliffe
The British foreign secretary, Jeremy Hunt, has summoned the Iranian ambassador, Hamid Baeidinejad, to demand that Nazanin Zaghari-Ratcliffe (pictured), the British-Iranian woman held by Tehran, is given proper medical treatment. The dual national, who was sentenced to five years in prison for espionage, has started a hunger strike after her interrogators tried to persuade her […]
Iran “Seeks to Block Instagram”
By John Lee. Officials in Iran are reportedly trying to ban Instagram due to what it deems “immoral” content. According to Israeli news agency Haaretz, Twitter, Facebook and the encrypted messaging service Telegram are all already banned in Iran. Many Iranians use a virtual private networks (VPNs) to get around the ban. More here. (Source: Haaretz)
Iraq offers to Mediate between Trump, Iran
By Laura Rozen for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iran Business News. Concerned that tensions between Iran and the United States could blow back onto Iraq, a senior Iraqi diplomat said today that Iraq would be willing to facilitate dialogue between […]
New Payment System to Dodge Iran Sanctions
By John Lee. The remaining members of the Joint Comprehensive Plan of Action (JCPOA) have said they will set up a new payment system to maintain business with Iran and bypass US sanctions. The system, the details of which are still to be determined, would allow businesses to continue trading with Iran without using dollars. The […]
Tags: bank transfers, De-Dollarization, dollar transactions, featured, Joint Comprehensive Plan of Action (JCPOA), sanctions, United States
Trump: Nuclear Deal “a Windfall for Iran’s Leaders”
By John Lee. Donald Trump has described the Iran nuclear deal as a windfall for Iran’s leaders. Addressing the 73rd Session of the United Nations General Assembly in New York on Tuesday, the US President added that since the deal was reached, Iran’s military budget has grown nearly 40 percent. “Every solution to the humanitarian […]
Tags: Donald Trump, featured, Joint Comprehensive Plan of Action (JCPOA), nuclear deal, United Nations (UN), United States
US Targets Thai Company Supporting Iranian Airline
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Thailand-based My Aviation Company Limited for acting for or on behalf of Mahan Air, an Iranian airline previously designated for supporting Iran’s terrorism activities. The action today was taken pursuant to Executive Order (E.O.) 13224, which targets terrorists and those providing support […]
Tags: featured, Mahan Air, Mahan Travel and Tourism Sdn Bhd, Malaysia, Mihan Travel & Tourism SDN BHD, My Aviation, Office of Foreign Assets Control (OFAC), sanctions, Syria, Thailand, United States
UK Replaces US in Redesigning Arak Reactor
By John Lee. The head of the Atomic Energy Organization of Iran (AEOI) has said that the US has been replaced by the UK on the working group tasked with redesigning the Arak heavy water reactor in central Iran. Ali Akbar Salehi (pictured) told IRIB that the US withdrawal from the nuclear deal has not impacted […]
Tags: Arak reactor, Atomic Energy Organization of Iran (AEOI), featured, Joint Comprehensive Plan of Action (JCPOA), United Kingdom, United States
Nazanin Zaghari-Ratcliffe temporarily Freed from Jail
By John Lee. The British-Iranian woman sentenced to five years in jail in Iran for spying, which she denies, has been temporarily released from Evin Prison. Nazanin Zaghari-Ratcliffe was given a three-day furlough on Thursday morning, taking both her and her family by surprise. She is currently with her family in Damavand. (Sources: The Guardian, […]
Closer Cooperation between Iraq and Iran
Iran Eyes Closer Cooperation with Iraq after Formation of New Gov’t Iranian Foreign Ministry Spokesman Bahram Qassemi hailed the growing relations with Iraq and said Tehran plans to boost its cooperation with Baghdad after a new government is formed in the Arab country. “Our relationship with Iraq as a neighboring country is good and there […]
Pompeo announces Creation of Iran Action Group
US Secretary of State Mike Pompeo has announced the creation of the Iran Action Group. In a briefing Mr Pompeo said: The Iran Action Group will be responsible for directing, reviewing, and coordinating all aspects of the State Department’s Iran-related activity, and it will report directly to me. For nearly 40 years, the regime in […]
Tehran scores 4th Biggest Improvement in ‘Liveability’
By John Lee. Iranian capital Tehran has ranked as the city with the fourth biggest improvement in its ‘Liveability’, according to a report from the The Economist Intelligence Unit (The EIU). In the latest Global Liveability Index Vienna topped the list, with Syrian capital Damascus coming last. Published by The Economist Intelligence Unit (The EIU), the […]
Video: Iran ‘cannot talk to US while under Sanctions’
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iran’s President has given a television interview just hours before US sanctions will come back into effect. Iran’s president admonished America, praised his European allies and asked his people for a little more […]
Joining FATF to Be ‘Very Dangerous’ for Iran
An American writer said it would be “very dangerous” for Iran to join the Financial Action Task Force at this time, noting that the European parties of the JCPOA would withdraw from the nuclear agreement if Iran refuses to join the international watchdog. “Well, it is very clear that the accusations and threats are a […]
Iran, Oman Eye Military Medicine Cooperation
Military officials from Iran and Oman met in Tehran to discuss the ways to launch cooperation between the Armed Forces of the two sides in the medical sphere. A delegation from the medical department of Sultan of Oman’s Armed Forces, chaired by Colonel Dr. Ali bin Salem al-Harethi, held a meeting with the Islamic Revolution […]